$2,500,000
 $13,421 est/mo Sourced by Back At You

1228 Grand,San Diego, CA 92109

San Diego, CA 92109

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Description

Four-unit investment opportunity in the heart of Pacific Beach with existing income and additional development potential. The property features a desirable mix of one- and two-bedroom residences, including two spacious two-bedroom/one-and-one-half-bath units, one two-bedroom/two-bath unit, and one one-bedroom/one-bath unit. Plans have been prepared for three additional ADUs, offering an opportunity to expand the property to seven total units, subject to City review and approval. Conveniently located near the beach, Mission Bay, restaurants, shopping, entertainment, public transportation, and major employment centers. An opportunity to acquire an income-producing coastal asset with multiple paths for future value creation. Buyer to independently verify leases, rents, deposits, square footage, zoning, ADU feasibility, plan status, permitting requirements, and all property information with the appropriate professionals and governmental agencies.

Details

MLS #260021407SD
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1952
Days On Site57
Listing Provided ByColliers International SD, Inc | Aaron Bove

Features

Story(s)2
Units4
Building(s)1
ZoningR-3:RESTRI
Acreage0.14

Interior

CoolingCentral Air
Heating Yes / NoYes
Cooling Yes / NoYes

Exterior

FencingPartial

Area Information

StateCA
CountySan Diego
CitySan Diego
Zip Code92109
Area92109 Pacific Beach
Community NamePacific Beach
Listing VS Median (in Pacific Beach)
Price:
$2,500,000
low | high
Med:
$805,000
100% of Average
On site:
57
low | high
Med:
21.5
100% of Average
Sourced by Back At You

Market Activity 92109

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Contact

Learn More About This Property

Benjamin Leaskou

Benjamin Leaskou

01754516 (760) 799-4290ben@leaskouhiggins.com
StateCA
CountySan Diego
CitySan Diego
Zip Code92109
Area92109 Pacific Beach
Community NamePacific Beach
Listing VS Median (in Pacific Beach)
Price:
$2,500,000
low | high
Med:
$805,000
100% of Average
On site:
57
low | high
Med:
21.5
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.875M - $3.125M
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
1268 Grand Property Photo 1
$1,900,000
1268 Grand
San Diego, CA 92109
Listing Updated: September 30, 2026 at 4:46:46 AM PDT

Benjamin Leaskou - Desert Lifestyle Properties